MGIC Investment

MTG

Market cap $5.33B

MTG benefits from strong mortgage insurance growth, rising insurance in force and improving capital strength despite housing risks.

MGIC (MTG) reported earnings 30 days ago. What's next for the stock?

MGIC Investment Corporation (MTG) Q1 2026 Earnings Call Transcript

While the top- and bottom-line numbers for MGIC (MTG) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

MGIC Investment (MTG) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.75 per share a year ago.

First Quarter 2026 Net Income of $165.3 million or $0.76 per Diluted Share First Quarter 2026 Adjusted Net Operating Income (Non-GAAP) of $165.1 million or $0.76 per Diluted Share MILWAUKEE, April 29, 2026 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the first quarter of 2026. Tim Mattke, CEO of MTG and Mortgage Guaranty Insurance Corporation ("MGIC") said, "We had a strong start to the year, successfully executing on our business strategies and generating solid first quarter results.

MILWAUKEE, April 23, 2026 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) announced its board of directors has approved an additional share repurchase program with authorization to purchase up to $750 million of its common stock. The company is authorized to repurchase shares of its common stock from time to time through privately negotiated, open market or other transactions (including through the use of trading plans intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended) at any time prior to December 31, 2028.

MGIC Investment Corporation remains rated Hold due to persistent headwinds in the US housing market and lack of competitive differentiation. MTG's EPS growth is primarily driven by aggressive share buybacks, with a 31.9% share reduction over five years, masking declines in net income. Despite a five-year streak of dividend increases and robust capital returns, MTG faces rising net losses and uneven home buying activity in key states.

MILWAUKEE, April 2, 2026 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its first quarter 2026 financial results after the market closes on Wednesday, April 29, 2026. A conference call/webcast has been scheduled for 10:00 a.m.

MGIC (MTG) reported earnings 30 days ago. What's next for the stock?